Why Live in Sherwood
Sherwood, a neighborhood in Odessa, is centered around Sherwood Park, one of the largest parks in the city, featuring swimming facilities, baseball fields, sand volleyball courts, tennis courts, soccer fields, and an Aquatic Center with slides and a diving board. The park also includes a skate park, playground, and the Sherwood Community Center, which hosts various community events. Residents can enjoy additional parks nearby, such as Jim Parker Park and Optimist Park, both offering sports courts and playgrounds. Sherwood is home to mainly brick, ranch-style, and new-build contemporary homes, many with one- to two-car garages or carports. The neighborhood is walkable, with most streets lined with sidewalks. Sherwood is served by the Ector County Independent School District, with local schools earning average ratings. The neighborhood is 4 miles from Downtown Odessa and 21 miles from Midland, with the Midland International Air & Space Port 12 miles away. The EZ-Rider bus system provides convenient transportation options. Dining options include Big Daddy’s Grill & Bar, Crab City Seafood and Wing Bar, and Volcano Korean BBQ. For shopping, residents can visit Music City Mall, 3 miles away, and the local H-E-B grocery store, 2 miles away. The Ector County Coliseum, 1 mile east, hosts various events, including the annual Permian Basin Fair & Expo. Golf enthusiasts can enjoy the Ratliff Ranch Golf Links, 3 miles north. Sherwood has a lower crime risk compared to the national average, making it a practical choice for families.
Frequently Asked Questions
Is Sherwood a good place to live?
Sherwood is a good place to live. Sherwood is considered very car-dependent and somewhat bikeable. Sherwood has 1 park for recreational activities. It is somewhat dense in population with 7.2 people per acre and a median age of 32. The average household income is $68,588 which is below the national average. College graduates make up 11.6% of residents. A majority of residents in Sherwood are home owners, with 31% of residents renting and 69% of residents owning their home. A
local real estate agent serving Sherwood can help you decide if this neighborhood is the right one for you. Learn more on our
Sherwood neighborhood guide.
Is Sherwood, TX a safe neighborhood?
Sherwood, TX is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Sherwood?
The median home price in Sherwood is $494,405. If you put a 20% down payment of $98,900 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,560 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $110K a year to afford the median home price in Sherwood. The average household income in Sherwood is $69K.
What are the best public schools in Sherwood?
The best public schools that serve Sherwood are:
What are the most popular zip codes in Sherwood, Odessa, TX?
What are the most popular neighborhoods near Sherwood, Odessa, TX?
Home Trends in Sherwood, TX
On average, homes in Sherwood, Odessa sell after 118 days on the market compared to the national average of 70 days. The median sale price for homes in Sherwood, Odessa over the last 12 months is $491,756, up 65% from the median home sale price over the previous 12 months.
Median Sale Price
$491,756
Median Single Family Sale Price
$515,000
Median 2 Bedroom Sale Price
$315,000
Average Price Per Sq Ft
$279
Number of Homes for Sale
5
Last 12 months Home Sales
12
Median List Price
$494,405
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
65%